Patterson-UTI Energy Inc [PTEN] stock prices are up 2.83% to $6.53 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PTEN shares have gain 12.59% over the last week, with a monthly amount glided 3.98%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Patterson-UTI Energy Inc [NASDAQ: PTEN] stock has seen the most recent analyst activity on May 19, 2025, when Citigroup downgraded its rating to a Neutral but kept the price target unchanged to $6.50 for it. Previously, Raymond James downgraded its rating to Mkt Perform on January 06, 2025. On December 13, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $10 on the stock. The Benchmark Company downgraded its rating to a Hold. Goldman initiated its recommendation with a Neutral and recommended $12 as its price target on December 19, 2023. Morgan Stanley downgraded its rating to Equal-Weight for this stock on October 17, 2023, and downed its price target to $17. In a note dated October 16, 2023, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $14 to $16.
The stock price of Patterson-UTI Energy Inc [PTEN] has been fluctuating between $5.12 and $11.27 over the past year. Currently, Wall Street analysts expect the stock to reach $11 within the next 12 months. Patterson-UTI Energy Inc [NASDAQ: PTEN] shares were valued at $6.53 at the most recent close of the market. An investor can expect a potential return of 68.45% based on the average PTEN price forecast.
Analyzing the PTEN fundamentals
The Patterson-UTI Energy Inc [NASDAQ:PTEN] reported sales of 5.15B for trailing twelve months, representing a drop of -15.22%. Gross Profit Margin for this corporation currently stands at 0.04% with Operating Profit Margin at -0.19%, Pretax Profit Margin comes in at -0.2%, and Net Profit Margin reading is -0.2%. To continue investigating profitability, this company’s Return on Assets is posted at -0.18, Equity is -0.27 and Total Capital is -0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.38.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.34 points at the first support level, and at 6.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.72, and for the 2nd resistance point, it is at 6.91.
Ratios To Look Out For
It’s worth pointing out that Patterson-UTI Energy Inc [NASDAQ:PTEN]’s Current Ratio is 1.61. Further, the Quick Ratio stands at 1.40, while the Cash Ratio is 0.28. Considering the valuation of this stock, the price to sales ratio is 0.49, the price to book ratio is 0.74.
Transactions by insiders
Recent insider trading involved STEWART JAMES CARL, Director, that happened on Jun 02 ’25 when 74500.0 shares were sold. Director, STEWART JAMES CARL completed a deal on May 09 ’25 to sell 5500.0 shares. Meanwhile, Director JCS Partners LP bought 80000.0 shares on May 09 ’25.
